Remember how all of those starry-eyed, young adults stood foursquare behind their favored candidate in 2008? There were fewer in 2012, but still, a significant demographic that helped to ensure the President's re-election.
So, guess who's getting the proverbial "screws" put to them by their man?
Yep...all of those young adults.
A policy analyst in the Center for Data Analysis at the Heritage Foundation, Drew Gonshorowski, has peered behind all of the news concerning the technical glitches and delays associated with the rollout of Obamacare on October 1 to analyze the costs associated with signing up for Obamacare.
What did Gonshorowski find?
In many states, insurance on health exchanges for individuals (read: young adults) will double or nearly triple in cost. Citizens in the states of Arizona, Arkansas, Georgia, Kansas and Vermont see some of the largest increases in premiums.
In Vermont, for example, the increase for 27 year olds is 144% and the increase for 50 year olds is 60%. All states exhibit this relationship, according to Gonshorowski.
Once the Obamacare website is finally up and running, many families and individuals will be experiencing sticker shock as they apply for coverage.
"So what?" some may think.
One implication of sticker shock is that many of those families and individuals will not sign up for coverage. If (and when) this happens, the business model upon which Obamacare has been designed is doomed to fail...that is, unless Congress steps in and figures out a way to subsidize healthcare insurance even more. Perhaps a value-added tax that everyone, including poor and middle income Americans will pay?
Could this scenario be preferred scenario the President had in mind from the very beginning?
Let the discussion begin...
To read Drew Gonshorowski's research, click on the following link: